California Community

Los Vientos, San Diego

Los Vientos replaces underutilized industrial parcels and helps to revitalize Barrio Logan, which is located next to downtown near San Diego’s new baseball Stadium, Petco Park, and urban developments.

The contemporary Spanish development is located on two parcels of 1.04 acres and consists of two buildings with 89 affordable family units of 2-4 bedrooms. Construction is four levels of Type V wood construction over Type I concrete underground parking. Design is Title 24 +15% energy efficiency.

Los Vientos is conveniently located near downtown employment opportunities, the 12th Street trolley station, Chicano Park, Perkins Elementary School and grocery markets. Amenities include a children’s play area in the courtyard, outdoor barbeque area, and 1,400-s.f. community clubhouse with a computer lab.

The project is financed with an allocation of $18,631,000 in 9% Low-Income Housing Tax Credits in 2007, and $8,298,000 in City of San Diego RDA funds. Occupancy began in 2009.

The San Diego Housing Federation honored Los Vientos as “Project of the Year (50+ units)” in 2010.

100% affordable:
9 units – 30% AMI
9 units – 40% AMI
44 units – 50% AMI
26 units – 60% AMI
1 unit – Manager

Year Built

2009

Type

Family

No. Units

89

Total Cost

Developer

AMCAL Multi-Housing

Contractor

AMCAL General Contractors

Architect

Austin Veum Robbins Partners

Financing

Equity

$17,514,000
Hudson Housing Capital

Construction

$12,559,645
U.S. Bank

Permanent

$5,480,000
California Community Reinvestment Corp.

Agency

$8,298,000
City of San Diego RDA

Non-Profit

Las Palmas Foundation